Starwood Property Trust IPO Plans to Invest in Real Estate Debt

Starwood Property Trust (NYSE:STWD) is expected to go public this week. The company is planning to invest in commercial mortgage loans and real estate debt. According to Reuters, the company raised the proposed size of its offering by 35% today.

Offering: 33.8 million shares at $20 per share. Net proceeds of approximately $652.8 million will be used to acquire target assets in accordance with the objectives and strategies described in the prospectus.

Lead Underwriters: Merrill Lynch, Deutsche Bank, Citi

Financial Highlights:

As of the date of this prospectus, we have not commenced any significant operations because we are in our organizational stage. We will not commence any significant operations until we have completed this offering and the concurrent private placement. We are not aware of any material trends or uncertainties, other than national economic conditions affecting mortgage loans, mortgage-backed securities and real estate, generally, that may reasonably be expected to have a material impact, favorable or unfavorable, on revenues or income from the acquisition of real estate-related assets, other than those referred to in this prospectus.

We only use your contact details to reply to your request for more information.We do not sell the personal contact data you submit to anyone else.

Thank you for your interest in Seeking Alpha PROWe look forward to contacting you shortly for a conversation.

Thank you for your interest in Seeking Alpha PRO

Our PRO subscription service was created for fund managers, and the cost of the product is
prohibitive for most individual investors.
PRO Alerts is our flagship product for individual investors who want to be faster
and smarter about their stocks. To learn more about it, click here.
If you are an investment professional with over $1M AUM and received this message
in error, click here and you will be contacted shortly.

Thank you for your interest in Seeking Alpha PROWe look forward to contacting you when we have an individual investor product ready!